2902 S Atlantic Avenue, Cocoa Beach, FL 32931

$4,200,000

Property Type: Commercial Sale Baths: 13 Square Footage: 6,754 Status: Closed

Current Price: $4,200,000 List Date: 12/30/2023 Last Modified: 7/13/2026

Overview

Description

Commercial Sale comp

Listing Details MLS# 1000804

General Property Information

Number Of Units Total: Yes
Bathrooms Total: 13
Building Area Total: 6754
Building Area Source: Appraiser
Year Built: 1956
Building Name: Lost in Paridase
Land Lease YN: Yes
Association YN: No
Water Body Access YN: No
Senior Community YN: No
List Price/SqFt: 666.27
Sold Price/SqFt: 621.85

Property Features

Building Features: Pool Construction Materials: Block; Frame; Stucco Cooling: Ceiling Fan(s); Central Air Current Use: Hotel/Motel Electric: 200+ Amp Service Fencing: Full Flooring: Vinyl Heating: Central Listing Terms: Cash; Conventional Location: Beach Area Lot Features: Few Trees Owner Pays: All Utilities Parking Features: Parking Lot Possession: Close Of Escrow Road Frontage Type: State Road Roof: Metal Sale Includes: Business with Real Estate Sewer: Public Sewer Showing Requirements: Appointment Only Water Source: Public Waterfront Features: Navigable Water; River Front Contingency Reason: Inspection

Contract Information

Original List Price: 4500000
Listing Contract Date: 2023-12-23
Property Sub Type: Hotel/Motel

Location Tax and Legal

Street Number: 2902
Street Direction Prefix: S
Street Name: Atlantic
Street Suffix: Avenue
County: Brevard
State: FL
Postal Code: 32931
MLS Area Major: 272 - Cocoa Beach
Subdivision Name: Crescent Beach

Remarks and Miscellaneous

Public Remarks: Commercial Sale comp

Status Change Information

Major Change Timestamp: 2023-12-30T23:06:28Z
Major Change Type: Status Change
Status Change Timestamp: 2023-12-30
Purchase Contract Date: 2023-12-30
Close Date: 2023-12-30
Close Price: 4200000

More Information

Unit 1 Details

Unit ID: 1-13
Annual Rent: 250000
Unit SqFt: 4664
# Units (This Type): 13
Furnished: Furnished
Unit Remarks: Short term rental

Non Member Info

Non-Member Brokerage: Keyes Commercial RE
Non-Member Name: Richard Spado

Listing Office: Keller Williams Realty Brevard

Last Updated: July - 13 - 2026

Information is deemed to be reliable, but is not guaranteed.